Japanese gambling tycoon Okada teams up with family of Philippine billionaire John Gokongwei for Manila casino project

Kazuo Okada, chairman of Universal Entertainment Corporation, speaks during the ground-breaking ceremony of its casino-hotel projects in Manila, in this file picture taken January 26, 2012. Okada's Universal Entertainment funnelled at least $30 million to an ex-consultant for the Philippines gaming authority, who is now at the centre of a bribery investigation, according to sources and company records, Reuters reported on November 30, 2012. -- PHOTO: REUTERS MANILA (AFP) - Japanese gambling tycoon Kazuo Okada has teamed up with the family of Philippine billionaire John Gokongwei for a billion-dollar casino project in Manila, both sides said on Thursday. Robinsons Land Corp, a Gokongwei-controlled developer, said it would take a minority stake in an Okada firm that owns a gaming franchise in the Philippine government's giant Entertainment City complex along Manila Bay. Unde...